EQT003: TEO to use funding responsibly


The TEO must only use Equity Funding:
a) lawfully, responsibly, and for the purposes for which the funding is provided; and
b) in a manner consistent with the appropriate use of public funds.
Equity funding is not provided for the purposes of, and so must not be used for:
c) funding capital works or items; or
d) funding the TEO’s compliance with statutory requirements, such as Health and Safety in Employment Act 1992; or
e) reducing the tuition fees of all students.

  • Last changed: 19 February 2016
  • Last verified: 19 February 2016